HomeMy WebLinkAboutINTERSTATE LANDS REZONING - 55-95C - CORRESPONDENCE - PROJECT NARRATIVE�,�r !
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Interstate Land/City Council of Fort Collins
February 28, 1997
Page Two
(C) zoning should be generally consistent with the Draft Zoning Map, but extended to
include the frontage along Prospect Road. Attached is an exhibit, prepared by Eldon
Ward of Cityscape Urban Design, which indicates the location of our desired zoning areas.
It is our belief that the majority of this site is best planned for employment uses. We have
shown this site to several prospects who are interested in locating in Fort Collins, but
desire locations near I-25. Roland Mower, President of Fort Collins Economic
Development Corporation supports this position and recently wrote a letter to Joe Frank
encouraging the City to change the designated use to either an Employment Zone or
Industrial Zone.
We appreciate your consideration of our recommendations for changes to the Proposed
City Plan Zoning Map.
Sincerely yours,
Stanley E. Whitaker, Jr.
Vice President
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LGT Asset W Aement
A Member of Liechtenstein Global Trust
February 28, 1997
Mr. Joe Frank, Director
Advance Planning Department
City of Fort Collins
P.O. Box 580
Fort Collins, CO 80522
Dear Mr. Frank:
LGT Real Estate Advisors Inc
Stanford Plaza
Fort Collins - 970-223-3933
3555 Stanford Road
Denver - 303-440-3433
Suite 100
Longmont - 303-651-6336
Fort Collins, CO
Facsimile - 970-223-4671
80525
LGT Real Estate Advisors, Inc. represents the owners of several parcels of property
located in Fort Collins. Our entities have been involved in the ownership, sale and
development of property in Fort Collins for over 14 years. During this period we have
been diligent in working with the City and purchasers or users of our various properties to
develop the properties responsibly, in accordance with the development standards set forth
from time to time.
We support the City in its efforts and progress made in creating the new City Plan.
However, we are opposed to the proposed zoning designation for a portion of one of our
properties as identified on the Draft Zoning Map.
The property, which we identify as Interstate Land, is a 180 acre parcel located just
northwest of Prospect Road and I-25. The property was annexed and zoned in 1989. An
RP zone was established along the existing residential to the west of the site, with the
balance of the property zoned HB.
The adopted Structure Plan identifies an 1-25 Special Study Corridor" which includes the
Interstate Land property. During the City Plan process in November, 1996, CPAC
expressed a consensus opinion that properties within this study corridor should be
assigned zoning designations that most closely reflect their existing zoning until the
corridor study is completed. This logic appears to have been applied to all the privately
owned parcels in the I-25 corridor, except Interstate Land. The combination of new
zoning districts shown on the attached exhibit are somewhat more restrictive than the
existing BB and RP zones, but are more equitable than the large area of LMN proposed
by staff.
With the proximity of I-25 just along the east border of this property, we feel there should
be a greater buffering distance -before residential uses are planned. Our desire and
recommendation for zoning is to include four zoning districts across the property to
transition from the existing residential use to I-25. Along the western portion of the
property we recommend an Urban Estate (UE) adjacent to the existing residential with an
area of Low Density, Mixed -Use Neighborhood (LMN) between the urban estate and an
Employment (E) area south of the existing Smithfield Industrial Park. The Commercial